The Uganda National Oil Company Limited (UNOC) is marking a significant milestone, celebrating 10 years of strategic leadership in unlocking the value of Uganda’s petroleum resources. This decade of dedication, professionalism, and resilience has been instrumental in shaping the future…
The Ministry of Energy and Mineral Development (MEMD) has taken a decisive leap toward realising Uganda’s ambitious clean energy goals with the official launch of the Clean Cooking Unit (CCU). Unveiled during the high-profile Renewable Energy Conference 2025 (REC25) and…
The Ministry of Energy and Mineral Development (MEMD) on Monday announced the conclusion of its Sustainable Energy Development Programme Performance Review, a pivotal platform used to finalise plans for the National Budget for Fiscal Year 2026 The review, spearheaded by…
The Government of Uganda is moving decisively to address challenges in its electricity distribution network, driven by a commitment to power the nation’s rapidly expanding industrial and domestic demand. In a media briefing held on October 7, 2025, at the…
The Parliament of Uganda has rejected the Energy Efficiency and Conservation Bill, 2024, arguing that the proposed legislation fundamentally fails to address the country’s actual energy crises. This follows a highly charged plenary sitting on September 17, 2025, during which legislators asserted that the Bill, although well-intentioned, focuses on superficial measures such as appliance labelling […]
While the broader African refining market presents an undervalued opportunity, for Uganda, the development of its own petroleum refinery is not merely an investment prospect, it is a foundational project for achieving energy sovereignty, industrial growth, and long-term economic security.…
The East African Crude Oil Pipeline (EACOP) Ltd. signed a landmark Memorandum of Understanding (MoU) with Buganda Kingdom on Wednesday, September 24, 2025, to strengthen collaboration on environmental conservation and community development. This partnership, which focuses on tree growing and…
Uganda is making significant strides in the quest to leverage its rich mineral wealth for national development, moving from being a raw mineral exporter to a value-added producer. This strategic shift was the central theme of the 14th Annual Mineral…
Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…
In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the national grid in just six months. This achievement,…
The unaudited interim financial results released by the Capital Markets Authority (CMA), as presented by the company’s directors, led by Selestino Babungi, the Managing Director, paint a picture of an entity in transition, grappling with the operational re-transfer of its electricity…
The Ugandan delegation at the Summit included, besides Prof. Nuwagaba, Hon. Ruth Nankabirwa, the Minister of Energy and Mineral Development, Dr. Sudhir Ruperelia, the Chairman of Ruparelia Group of Companies, among others. Speaking on the Bank’s role in driving financial…
President Yoweri Kaguta Museveni’s commissioning of the Wagagai Gold Mining project in Busia District over the weekend marks a significant turning point for Uganda’s economy. The project, a significant investment in local mineral processing, is poised to transform how Uganda…
Uganda’s ambitious industrialisation agenda, particularly in the long-underserved West Nile sub-region, received a massive boost on Friday with the official commissioning of the USD 20 million Nyagak III Hydropower Plant. With a generation capacity of 6.6 megawatts (MW), this Public-Private…
Uganda is charting a bold new course for inclusive economic growth, with a particular focus on empowering women in trade and nurturing future generations of entrepreneurs. The Breaking Barriers to Trade conference, held in Kampala on Tuesday, served as a…